Dubai's Drydocks World, owner of the Middle East's largest shipyard, will ask creditors to amend the terms of its $2.3 billion restructuring deal originally signed in 2012, two sources aware of the matter said on Sunday.
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Dubai's Drydocks World, owner of the Middle East's largest shipyard, will ask creditors to amend the terms of its $2.3 billion restructuring deal originally signed in 2012, two sources aware of the matter said on Sunday.
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Emirates Classification (Tasneef) will start providing classification services to merchant vessels using the country’s ports under a partnership agreement signed with the Dubai Drydocks.
The new service will allow ship owner

Drydocks World, the indebted Dubai shipbuilder, said on Wednesday it has inked a joint venture for its Southeast Asia operations with a company linked to Malaysian billionaire Robert Kuok.
Drydocks, which is restructuring $2.2 billion in d

The global revenue of Dubai Drydocks World, a unit of Dubai World, has soared to Dh9.17 billion ($2.5 billion) in the 12 months to October, according to a top official of the company.
Unveiling the expansion plans for next year, Sultan bin